The global surgical tourniquets market size has the potential to grow by USD 148.06 million during 2019-2023. The market’s growth momentum will accelerate throughout the forecast period.
This report provides a detailed analysis of the market by geography (Asia, Europe, North America, and ROW) and product (pneumatic tourniquets and non-pneumatic tourniquets). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including AneticAid Ltd., Delfi Medical Innovations Inc., Huaxin Medical Equipment Factory, Shanghai Huifeng Medical Instrument Co. Ltd., Stryker Corp., Tactical Medical Solutions LLC, Teleflex Inc., ulrich GmbH & Co. KG, VBM Medical Technology GmbH, and Zimmer Biomet Holdings Inc.
Market Overview
Browse TOC and LoE with selected illustrations and example pages of surgical tourniquets market
Market Competitive Analysis
The surgical tourniquets market is fragmented. The degree of fragmentation will decrease over the forecast period. Huaxin Medical Equipment Factory, Shanghai Huifeng Medical Instrument Co. Ltd., and Stryker Corp. are a few of the significant market participants. Although the accelerating market growth momentum will offer immense business opportunities to the vendors, complications associated with surgical tourniquets will challenge the growth of many. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market positions, this surgical tourniquets market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of the companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. This surgical tourniquets market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading surgical tourniquets companies, including:
- AneticAid Ltd.
- Delfi Medical Innovations, Inc.
- Huaxin Medical Equipment Factory
- Shanghai Huifeng Medical Instrument Co. Ltd.
- Stryker Corp.
- Tactical Medical Solutions LLC
- Teleflex Inc.
- ulrich GmbH & Co. KG
- VBM Medical Technology GmbH
- Zimmer Biomet Holdings Inc.
Surgical Tourniquets Market: Segmentation by Region
For more insights on the surgical tourniquets market share of various regions Request for a FREE sample now!
The increasing orthopedic surgeries, rising number of product launches, and the presence of established vendors in North America are significantly contributing to surgical tourniquets market growth in the region.
Almost 43% of the overall market’s growth will originate from North America during the forecast period. The adoption of surgical tourniquets by the army in the region is also helping vendors in generating significant revenue. The US is one of the key markets for surgical tourniquets in the region. Over the forecast period, Market growth in this region will be slower than the growth of the overall market.
Surgical Tourniquets Market: Segmentation by Product
Request for a FREE sample and Get more information on the market contribution of various product segments
Vendors are focusing on the personalization of pneumatic surgical tourniquets to reduce tourniquet-related injuries. Vendors are also focusing on developing products that are microcomputer-based, which are integrated with alarms and other safety features and allows automatic pressure control. This will increase the sales of pneumatic tourniquets.
The growth rate of the market in this segment will be faster than the market’s growth in the non- pneumatic tourniquets segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the surgical tourniquets market size.
Surgical Tourniquets Market: Key Drivers and Trends
The growing prevalence of orthopedic surgeries is one of the significant factors driving surgical tourniquets market growth. The increasing prevalence of orthopedic surgeries can be attributed to several factors, including the growing geriatric population, rising prevalence of degenerative bone diseases, and increasing surgical outcomes. Moreover, the incidences of sports-related orthopedic injuries and road accident-related injuries are increasing. These factors are contributing to the growing need for orthopedic surgeries, such as joint replacement surgeries and musculoskeletal surgeries. This will subsequently influence the need for surgical tourniquets.
- The development of advanced surgical tourniquets will minimize the chances of tourniquet-related injuries, such as nerve injury, intraoperative bleeding, and limb paralysis.
- Personalized tourniquet systems provide suitable pressure to control the flow of blood during surgery by offering a perfect fit for the patient’s limb shape and size, thereby reducing the risk of tourniquet-related injuries.
- With the increasing incidence of orthopedic surgical procedures, the demand for such personalized surgical tourniquet systems will also grow.
- Several vendors are focusing on upgrading their tourniquet systems for both military and civilian use.
- Market vendors are also developing advanced tourniquet systems that reduce blood loss and enhance patient care.
- These technological advances are expected to boost the adoption of surgical tourniquets and consequently fuel the growth of the market throughout the next five years.
- The surgical tourniquets market will record a CAGR of almost 8% during the forecast period
Request for a FREE sample now!
Surgical Tourniquets Market: Key Highlights of the Report for the Forecast Period 2019-2023
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the surgical tourniquets market during the next five years
- Precise estimation of the global surgical tourniquets market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the surgical tourniquets industry in APAC, Europe, MEA, North America, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of surgical tourniquets vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch